When is health care spending expected to grow at approximately 6.2 percent per year?

Question

Quizplus · Accepted Answer

According to the Centers for Medicare and Medicaid Services, health care spending is projected to grow at an average rate of 5.5 percent per year from 2017-2026. However, from 2015-2020, health care spending is expected to grow at an average rate of 6.2 percent per year due to factors such as the aging population and the introduction of new medical technologies. Therefore, the correct answer is C - 2015-2020.

When Is Health Care Spending Expected to Grow at Approximately